
January 13, 2023
E-Power Resources Inc (“E-Power” or the “Company”) is pleased to announce that the Company’s common shares(the “Shares”) have been approved for listing on the Canadian Securities Exchange (the “CSE”) and that trading of the Shares is expected to commence at market open on January 13, 2023.
The Shares will trade under the symbol “EPR” and the ISIN and CUSIP numbers of the Shares are, respectively, CA26886Q1063 and 26886Q106.
About E-Power Resources Inc.
E-Power Resources Inc. is an exploration stage company engaged principally in the acquisition, exploration,and development of graphite properties in Quebec. Its flagship asset, the Tetepisca Graphite Property, is located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau. For further information, please refer to the Company's disclosure record on SEDAR (www.sedar.com) or contact the Company by email at info@e-powerresources.com.
On Behalf of the Board of Directors
Jamie Lavigne
President, Director
+1 (438) 701-3736
info@e-powerresources.com
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. Allstatements that are not historical facts, including without limitation, statements regarding future estimates, plans,programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, includingstatements regarding the date on which the Shares are expected to begin trading on the CSE are "forward-lookingstatements". These forward-looking statements reflect the expectations or beliefs of management of the Company basedon information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties,including those detailed from time to time in filings made by the Company with securities regulatory authorities, whichmay cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements.The forward-looking statements and information contained in this news release are made as of the date hereof and theCompany undertakes no obligation to update publicly or revise any forward-looking statements or information, whetheras a result of new information, future events or otherwise, unless so required by applicable securities laws.
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The Conversation (0)
15 November 2024
E-Power Resources
Investor Insight
With its flagship project located in Quebec, one of the best mining jurisdictions in the world, and a highly experienced management team, E-Power is well-positioned to help bolster the North American graphite supply chain, offering a compelling investment proposition.
Overview
E-Power Resources (CSE:EPR) is a battery materials exploration and development company focusing on developing new graphite resources to supply the growing demand for electric vehicle (EV) manufacturing.
Graphite is the dominant component in anodes used in lithium-ion batteries for EVs. This growing need for graphite puts E-Power in an ideal position to develop new projects and support the growing market.
Graphite is also used throughout the manufacturing industry, from foundries to lubricants, and increasing demand from the EV and battery sectors can potentially stretch the graphite supply chain for the manufacturing industry. With only one small graphite producer in North America, E-Power has a significant opportunity to provide the industry with new sources of this vital material.
The company’s flagship asset, the Tetepisca property, covers 12,620 hectares and is in the emerging Tetepisca Graphite District, one of North America's largest potential suppliers of graphite. The project is approximately 200 kilometers from Innovation et Developpement Manicouagan’s (IDM) planned 200,000-ton-per-year battery anode manufacturing facility at Baie-Comeau in Quebec. This proximity enables E-Power the opportunity to provide graphite resources for the new plant. Baie-Comeau is also a port with easy maritime links to European and other North American battery production.
An experienced management team with expertise in geology, corporate finance and capital markets throughout the mining industry leads the company toward its goal of becoming a leading graphite resource supplier in North America.
Company Highlights
- E-Power Resources (CSE:EPR) is a Quebec-based exploration and development company focusing on graphite assets to strengthen the North American renewable energy supply chain.
- The company’s flagship Tetepisca project is within one of North America’s largest and highest-grade graphite districts and is in proximity to a planned anode factory that will require an ongoing supply of graphite.
- The graphite market is expected to grow exponentially as demand increases alongside EV growth.
- Graphite is necessary to manufacture anodes in EVs’ charging systems, creating a steadily growing market for the mineral. Existing use cases in other markets will continue to impact demand.
- A strong management team leads the company towards its mission to strengthen the North American graphite supply chain.
Key Projects
Tetepisca Graphite Project
The flagship Tetepisca Graphite Project consists of 230 claims totaling 12,620 hectares in the Tetepisca Graphite District. The project is in Quebec, a mining-friendly jurisdiction, and 215 kilometers from a planned anode manufacturing facility in Baie-Comeau, Quebec. Tetepisca is ideally positioned to supply the market with graphite resources as the development proceeds.
Project Highlights:
- Completed Exploration Program: E-Power Resources conducted a preliminary prospecting, trenching and sampling exploration program in 2019 and subsequently significantly expanded its land position in the Tetepisca graphite district. In 2021, The company completed further geological mapping and sampling and in early 2022 completed a high resolution airborne geophysical survey over most of its district land holdings.
- Priority Targets Identified: The company has compiled and interpreted all historical exploration data covering the district in addition to its own exploration results and has identified five target areas for follow-up exploration. These areas were chosen due to strong and continuous electromagnetic responses and positive historical surface sampling.
- Promising Geology: The E-Power claims are underlain by a succession of high-grade metamorphic rocks referred to as the Nault Formation which hosts large and high-grade graphite resources in the Tetepisca Graphite District.
- Option Agreement with Volt Carbon Technologies (TSXV:VCT): The agreement enables Volt Carbon to acquire a 5 percent interest in the Tetepisca graphite project by funding $680,000 in exploration before December 31, 2024, and making a one-time cash payment of $1.5 million on or before December 31, 2025.
- 2024 Exploration Program Results: Discovery of new zones of graphite mineralization defined by several high-grade grab samples include 37 percent graphitic carbon (Cg). Samples from advanced exploration targets return 13.2 percent Cg, 16.65 percent Cg, 17.55 percent Cg, and a high of 30 percent Cg. Concentrate grades of 96.5 percent Cg and 96.4 percent Cg were attained from two advanced exploration targets.
Management Team
James Cross – Chief Executive Officer
James Cross is a management consultant with capital markets experience in North America, Europe, the Middle East and South Asia. He served as president and CEO of Canadian Gold Resources, Ltd. from 2012–2017. In 2017, Canadian Gold Resources was sold to Colibri Resources (TSXV:CBI) on a share transaction basis valued at $4 million. He also served as director and vice-president of corporate development for Adroit Resources from 2010 to 2011, then listed on the TSX Venture Exchange. He has also acted as a consultant to a number of resource companies. In 1989, he earned a Bachelor of Science in Management from the A.B Freeman School of Business, Tulane University.
Jamie Lavigne - Vice-president Exploration
Jamie Lavigne is an economic geologist with over 30 years of experience who has participated in several successful exploration and mine development projects. He has held senior positions with major Canadian and Australian mining companies, exploration and management roles with several junior exploration companies, and operates a geological services and consulting company. Lavigne holds a Bachelor of Science from Memorial University of Newfoundland, and a Master of Science from the University of Ottawa and is a member of L’Ordre des Géologues du Quebec and the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists.
Paul Haber - Chief Financial Officer and Corporate Secretary
Paul Haber has been involved in corporate finance and capital markets for over 20 years. He has served as the CFO and audit committee chair of many public and private companies. Some of the boards Haber has sat on include: XTM (CSE:PAID), South American Silver (TSX:SAC), Migao Corporation (TSX:MGO), China Health and Diagnostics. (TSXV:CHO), High Desert Gold (TSXV:HDG), and IND Dairytech (TSXV:IND). Haber has also served as the CFO of various public companies including, Oremex Gold (TSXV:OAG), SEL Exchange (TSXV:SEL) and Migao Corporation (TSX:MGO). Haber started his career with Coopers & Lybrand (now PricewaterhouseCoopers LLP). He is both a chartered accountant and a certified public accountant, with an Honors Bachelor of Arts in management from the University of Toronto. Haber was awarded his chartered director designation from the DeGroote School of Business in partnership with the Conference Board of Canada.
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Strengthening the North American Graphite Supply Chain
01 May
NextSource Materials Announces Executive Transition to Drive Molo Mine Optimization and Prepare for Future Expansion
NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that Mr. Johnny Velloza will be stepping down from his position as Interim Chief Operating Officer, following a successful tenure during which he provided critical operational oversight and implemented key recommendations for process optimization at the Molo mine.
Mr. Velloza's responsibilities will be transitioned to Mr. Nick Miller, who has been appointed as Acting Executive Vice President, Operations. This newly consolidated role merges the responsibilities of Interim Chief Operating Officer and General Manager, enabling a more streamlined and effective management structure as part of the broader organizational restructuring of the Molo operations.
Mr. Miller, who previously served as Director of Risk Controls at NextSource, brings extensive expertise in global mining project development to this position. His impressive track record includes pivotal roles at Oyu Tolgoi for Rio Tinto, where he contributed significantly to the development of one of the world's largest copper-gold projects, as well as at ArcelorMittal Mining as part of their international operational improvements and development group. His experience and leadership in high-stakes, multi-jurisdictional mining operations position him fittingly to oversee the continued optimization of Phase 1 of the Molo mine and to lay the groundwork for Phase 2 expansion of the Molo project.
President and CEO, Hanré Rossouw, commented:
"I would like to thank Johnny Velloza for his significant contributions to the Molo project and wish him continued success in his future endeavours. The appointment of Nick Miller marks an important step in our evolution, ensuring continued strong operational leadership as we focus on optimizing Phase 1 and advancing Phase 2 of the Molo mine. Nick's experience will be pivotal as we continue to optimize operations and build the foundation for the next phase of Molo's expansion."
About NextSource Materials Inc.
NextSource Materials Inc. is a battery materials development company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.
The Company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine is in production, with Phase 1 mine operations currently being optimized.
The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, outside of existing Asian supply chains, in a fully transparent and traceable manner.
NextSource Materials is listed on the Toronto Stock Exchange (TSX) under the symbol "NEXT" and on the OTCQB under the symbol "NSRCF".
For further information about NextSource, please visit our website at nextsourcematerials.com
Investors may contact: Brent Nykoliation, Executive Vice President +1.416.364.4911 brent@nextsourcematerials.com
Cautionary Note
This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements include any statements regarding, among others, timing of commissioning and achievement of nameplate capacity, including the processing plant, process improvements and mine plant adjustments as well as production estimates and timing thereof, the rollout of Battery Anode Facilities including the capabilities and the timing thereof. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
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28 April
E-Power Resources Inc. Announces Closing of a Second Tranche of Private Placement
E-Power Resources Inc. (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces that it has closed the second tranche of the private placement (the "Second Tranche") previously announced on March 12, 2025 (the "Private Placement").
An aggregate of 3,276,000 units (the " Units") of the Company were issued in the Second Tranche of the Private Placement at a price of $0.05 per Unit for gross proceeds of $163,800, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each full Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date (the "Offering").
Net proceeds from the Offering will be used by the Company for general working capital purposes.
One insider of the Company participated in the Second Tranche of the Private Placement.
Finder's fees of $5,800 and 11,600 broker warrants were paid to Acuarios Foundation in connection with this private placement. Each broker warrant entitles the holder to purchase one common share of the Company at 10 cents per share and is valid for 2 years following the closing date of the second tranche.
All securities issued pursuant to the Second Tranche of the Private Placement are subject to a statutory hold period of four months and one day from the closing date in accordance with applicable Canadian securities laws.
One insider of the Company participated in the Second Tranche. The insider subscribed for a total of 200,000 Units under the Second Tranche. Participation by the insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the First Tranche of the Private Placement by insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of the insiders of the Company had not been confirmed at that time.
The securities offered pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The securities offered pursuant to the Offering are subject to certain trade restrictions pursuant to applicable securities laws.
About E-Power Resources Inc.
E-Power Resources Inc. is an exploration stage company engaged principally in the acquisition, exploration, and development of graphite properties in Quebec. Its flagship asset, the Tetepisca Graphite Property, is located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau. For further information, please refer to the Company's disclosure record on SEDAR+ (www.sedarplus.ca) or contact the Company by email at info@e-powerresources.com.
The Tetepisca Property is located approximately 220 km north of the town of Baie-Comeau in the North Shore Region of Québec. The property consists of 230 claims covering an area of approximately 12,620 hectares within the emerging Tetepisca Graphite District ("TGD"). The property is 100 per cent owned by E-Power. Fifty-two claims, located in the southern part of the property, are subject to a 1.5-per-cent net smelter royalty held by a group of local prospectors; otherwise, the Tetepisca property remains unencumbered. The TGD is an active graphite exploration and development district with delineated measured and indicated resources in excess of 120 Mt at an average grade of approximately 14% Cg. The Company's Tetepisca property is strategically located over continuous bedrock conductive horizons that are known and interpreted to be due to graphite and which hold significant potential to host flake graphite resources. The intersection of graphite in our 2023 drilling and the results of our 2024 exploration program to date confirms the Company's exploration model and provides the basis for continued exploration and evaluation.
On Behalf of the Company
James Cross
President & CEO
+1 (438) 701-3736
info@e-powerresources.com
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The CSE has not reviewed, approved, or disapproved the contents of this news release.
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08 April
E-Power Resources Inc. Announces Closing of a First Tranche of Private Placement
E-Power Resources Inc. (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces that it has closed the first tranche of the private placement (the "First Tranche") previously announced on March 12, 2025 (the "Private Placement").
An aggregate of 3,646,460 units (the " Units") of the Company were issued in the Private Placement at a price of $0.05 per Unit for gross proceeds of $182,323, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each full Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date (the "Offering").
Net proceeds from the Offering will be used by the Company for general working capital purposes.
No finder's fees were paid in connection with the First Tranche.
All securities issued pursuant to the First Tranche of the Private Placement are subject to a statutory hold period of four months and one day from the closing date in accordance with applicable Canadian securities laws.
Two insiders of the Company participated in the Private Placement. Insiders of the Company subscribed for a total of 666,460 Units under the First Tranche. Participation by the insiders constitutes a related party transaction as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the First Tranche of the Private Placement by insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of the insiders of the Company had not been confirmed at that time.
The securities offered pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The securities offered pursuant to the Offering are subject to certain trade restrictions pursuant to applicable securities laws.
About E-Power Resources Inc.
E-Power Resources Inc. is an exploration stage company engaged principally in the acquisition, exploration, and development of graphite properties in Quebec. Its flagship asset, the Tetepisca Graphite Property, is located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau. For further information, please refer to the Company's disclosure record on SEDAR (www.sedar.com) or contact the Company by email at info@e-powerresources.com.
The Tetepisca Property is located approximately 220 km north of the town of Baie-Comeau in the North Shore Region of Québec. The property consists of 230 claims covering an area of approximately 12,620 hectares within the emerging Tetepisca Graphite District ("TGD"). The property is 100 per cent owned by E-Power. Fifty-two claims, located in the southern part of the property, are subject to a 1.5-per-cent net smelter royalty held by a group of local prospectors; otherwise, the Tetepisca property remains unencumbered. The TGD is an active graphite exploration and development district with delineated measured and indicated resources in excess of 120 Mt at an average grade of approximately 14% Cg. The Company's Tetepisca property is strategically located over continuous bedrock conductive horizons that are known and interpreted to be due to graphite and which hold significant potential to host flake graphite resources. The intersection of graphite in our 2023 drilling and the results of our 2024 exploration program to date confirms the Company's exploration model and provides the basis for continued exploration and evaluation.
On Behalf of the Company
James Cross
President & CEO
+1 (438) 701-3736
info@e-powerresources.com
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The CSE has not reviewed, approved, or disapproved the contents of this news release.
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20 March
E-Power Resources CEO: Boosting North American Sources Key to Looming Graphite Supply Deficit
James Cross, CEO of E-Power Resources (CSE:EPR), discusses the critical role of junior mining companies in developing a North American graphite supply chain.
With China’s dominance of global production and the expected increase in demand, Cross outlines how the company's Tetepisca graphite project in Québec could play a key role in boosting supply.
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